The DFM Index failed to extend an early rally and closed 0.38% lower at 1,533.17 points. While most utilities, real estate and transport firms added value, banks and telecom weighed on the market. With the holiday season approaching, trading value and volumes plummeted by 44% and 52%, respectively. Some 92.6m shares changed hands. Market bellwether Emaar Properties bucked the downtrend and ended 0.31% higher at Dhs3.27. The DFM share ended flat at Dhs1.55.
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.